The concept of expected yearly cost is very relevant in today's businesses. They should be able to make sure that they do their best in order to perform in a manner that is acceptable and that will enable them to make sure that they have the right tools to make the decision.
When a company has two alternatives and is faced with the challenge to choose between them, it adopts this method to choose between the two. The result of the project or the purchase of a machine will be same, but the costs that are involved are ...